Protection Watch...with Kevin Carr

1. Time for IP to move on Advisers who know their protection from their rejection know that when it comes to IP, ‘own occupation’ policies are the ones to have. The validity of other definitions, such as ‘work tasks’ and ‘activities of daily living’ have been questioned for many years. But the demand for change is gradually becoming stronger, with growing calls from intermediaries, industry surveys and declined claims in the media. Offering an own occupation product for everyone could price some people out of the market. However, as somebody once said: “I would rather pay more for some...